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Planned Giving and Endowments

Planned Giving

Planned giving strategies can help you make charitable gifts while enjoying tax benefits and preserving economic value for yourself and your loved ones.
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Endowments

CFCG Endowed funds are invested to earn a return and annually provide a distribution of earnings to support their stated purpose.

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How to Give

College First Church of God (CFCG) is equipped to receive both liquid and non-liquid assets. Click below to learn how you can give and support the ministry of CFCG.
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"You will be enriched in every way so that you can be generous on every occasion, and through us your generosity will result in thanksgiving to God"

– 2 Corinthians 9:11 

"Honor the Lord with your wealth, with the first fruits of all your crops;
then your barns will be filled to overflowing,  and your vats will brim over with new wine."

- Proverbs 3:9-10

"Each of you should use whatever gift you have received to serve others, as faithful stewards of God’s grace in its various forms." 

- 1 Peter 4:10

Planned Giving

Planned giving strategies can help you make charitable gifts while enjoying tax benefits and preserving economic value for yourself and your loved ones.
Bequests are the most common way to make lasting gifts. Along with one’s local congregation and/or other charitable interests, listing CFCG as a beneficiary in your estate plan will perpetuate a gift for the work of the Kingdom. Donors are encouraged to consult with our staff when preparing their estate plans to ensure that CFCG are able to carry out their wishes.
IRA, 401(k), or Other Qualified Retirement Plan Assets may be given directly to CFCG or other charitable interest if named as beneficiary.
Life Insurance may be used if you name CFCG as the owner and beneficiary of a new or existing policy – perhaps a policy that is no longer essential to your financial goals.

Endowments

CFCG Endowed funds are invested to earn a return and annually provide a distribution of earnings to support their stated purpose.  Endowments may be set-up with or without donor restrictions.  A standard or permanent endowment is one where the principle must be kept forever.  New endowments can be established with a minimum of a $25,000 gift.  There is no minimum for new contributions to existing endowments.  A quasi endowment is one where the principle may be spent if needed.

Current CFCG Permanent Endowments Include:

  • Emergency Care Endowment (962) – Anonymous – Provides emergency, non-sustaining living expenses for individuals who may or may not be members of CFCG.
  • Permanent Endowment Fund (959) – Miller, Various - Provides for ministries related to CFCG Mission, specifically for those beyond the normal operating budget.

Current CFCG Quasi Endowments Include:

  • Larry White Quasi Endowment (974) – The purpose of this fund is to resource existing or future people-oriented programs or activities sponsored by GFCG and intended to enhance the religious, educational and spiritual lives of the parishioners of CFCG and students attending the University of Findlay.
  • Darrell Prichard Quasi Endowment (958) – To support persons who attend CFCG as they participate on mission trips.
  • Reist Next Gen (950) – Provides for next generation spiritual leadership development of interns, residents and fellows.
  • H. Haynes Scholarship (965) – To provide scholarships for students at Winebrenner Theological Seminary.
  • Hochstettler Youth Ministry (972) – To support ministry to young people including but not limited to participation in mission trips, scholarship to church camp, bible quizzing and general youth group activities.
  • Brewer Quasi Endowment (961) – Provides for projects or ministries that provide long term benefits to CFCG for those beyond the normal operating budget.
  • Redman (970) – No specific purpose; however, it was unofficially earmarked to provide food for Savane Tapio School in Haiti.   
  • Shuck Camp Quasi Endowment (973) – Provides scholarships for youth to attend summer camp at Camp Otyokwah.  Recipients do not need to be members of CFCG.
  • Capital Improvement (963) – To provide for maintenance, repair, and replacement of CFCG building, property and major equipment assets.
As with all estate planning, a conversation with your Estate Attorney, Accountant or Financial Advisor is recommended. Please feel free to contact Jay Edel (CFCG Planned Giving Coordinator and Deacon on CFCG Stewardship and Finance Commission) at 419-957-5444, Jon Rupp (CFCG Elder on Stewardship and Finance Commission) at 419-344-0972, Pastor Kirk Schneemann, Pastor David Welker or Pastor Kimberly Reese directly with question or to discuss Planned Giving options.

How to Give

College First Church of God (CFCG) is equipped to receive both liquid and non-liquid assets. Because CFCG is recognized as a 501( c )(3) charitable organization, donors may leverage an income tax advantage. Please consult with your tax advisor. Some of the more common forms of support include:
  • Cash Donation: Cash gifts, unless otherwise specified, are added to the general fund to support church operations and the various ministries that serve the common good of the Church. Click here (add link to our giving page) to make an online contribution.
  • Appreciated stock, ETF’s or mutual fund shares.
  • Direct transfers from certain tax-qualified or retirement plans.
  • Non-liquid assets such as real estate, artwork, family owned business or personal property.
  • Purchase of a charitable gift annuity that will return to you an income stream for the remainder of your (and/or your spouse’s) life while providing a permanent asset to CFCG at your death.
  • Providing for a planned gift through your estate.